{"id":107624,"date":"2026-07-19T15:16:49","date_gmt":"2026-07-19T12:16:49","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=107624"},"modified":"2026-07-19T15:16:50","modified_gmt":"2026-07-19T12:16:50","slug":"%d9%85%d8%aa%d8%ad%d8%af%d8%ab-%d9%87%d9%8a%d8%a6%d8%a9-%d8%a7%d9%84%d8%b9%d9%82%d8%a7%d8%b1-%d8%a7%d9%84%d8%b5%d9%81%d9%82%d8%a7%d8%aa-%d8%a7%d9%84%d8%b9%d9%82%d8%a7%d8%b1%d9%8a%d8%a9","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/107624\/","title":{"rendered":"Real Estate Authority Spokesperson: Real Estate Transactions Exceed 1.6 Trillion Riyals Since the Implementation of the Brokerage System"},"content":{"rendered":"<p class=\"wp-block-paragraph\">The official spokesperson for the General Real Estate Authority, Tayseer Al-Mufarraj, revealed that the total value of real estate transactions in the Kingdom has exceeded 1.6 trillion riyals since the implementation of <strong><a href=\"https:\/\/amlak.net.sa\/en\/107555\/\">Real Estate Brokerage System<\/a><\/strong> On July 18, 2023, the number of sales and lease transactions exceeded 13 million during the same period. Al-Mufarraj explained, during his participation in the third edition of<strong><a href=\"https:\/\/amlak.net.sa\/en\/107607\/\"> Real Estate Brokerage Forum<\/a><\/strong>... The number of registered real estate listings exceeded 1.2 million, while the number of real estate brokerage contracts signed reached more than 1.1 million, noting that the number of licensed real estate brokers rose to 117,000.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He emphasized that these indicators reflect the strength of<strong><a href=\"https:\/\/amlak.net.sa\/en\/107602\/\"> Real estate market<\/a><\/strong> the Saudi market, its continued growth, and the rising level of confidence among market participants. He noted a marked improvement in compliance levels within the market, with a decline in cases involving unlicensed brokers compared to the situation about two and a half years ago, urging market participants to report any violations and to ensure they deal only with licensed practitioners.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He explained that the Authority relies on an integrated oversight system that includes a mechanism \u201cmystery shopper\u201d mechanism, which contacts real estate advertisers to verify their compliance with regulations. He noted that regulatory measures are imposed on violators immediately upon detection of any violations, in addition to ongoing field and electronic monitoring efforts.<br>Al-Mufarraj added that the real estate brokerage system, despite having been implemented only recently, has achieved a high level of maturity thanks to the support enjoyed by the real estate sector, emphasizing that the results recorded over the past three years reflect the success of the legislative and regulatory framework in enhancing market efficiency and increasing transparency and reliability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">Minute<\/span><\/span>Taysir Al-Mufarraj, the official spokesperson for the General Real Estate Authority, revealed that the total value of real estate transactions in the Kingdom has exceeded 1.6 trillion riyals since the real estate brokerage system was implemented on July 18, 2023, while the number of sales and rental transactions exceeded 13 million during the same period. Al-Mufarraj explained, during his participation in the third edition of the Real Estate Brokerage Forum, that the number of listings \u2026 <a title=\"Real Estate Authority Spokesperson: Real Estate Transactions Exceed 1.6 Trillion Riyals Since the Implementation of the Brokerage System\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/107624\/\" aria-label=\"Read more about \u00abReal Estate Authority\u00bb Spokesperson: Real Estate Transactions Exceed 1.6 Trillion Riyals Since the Implementation of the Brokerage System\">Read more<\/a><\/p>","protected":false},"author":27,"featured_media":80711,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"footnotes":""},"categories":[104],"tags":[],"class_list":["post-107624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-and-regulations"],"acf":{"amlak_post_excerpt":"\u0635\u0641\u0642\u0627\u062a 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